Meta Digest

Stibits Creates an All-encompassing Ecosystem and Wallet to Simplify Cryptocurrency Transactions

The biggest obstacle hindering the growth and global adoption of cryptocurrency is its complexity. Even though it has enjoyed a good run with its growth and acceptance over the last few years, many people who otherwise would have been captured have stayed away from it because they do not understand the concept. To solve this problem, Stibits is introducing its cryptocurrency wallet that offers an all-encompassing ecosystem with multiple standout features.

Stibits’ cryptocurrency wallet is a platform for NFT creators and an interface for business solutions. The demand for cryptocurrency globally has necessitated the influx of wallets because users have to store their tokens. Now, Stibits is making sure those wallets do not serve as mere wallets but deliver more in the form of value. With cryptocurrency gaining a more expansive coverage as a technological innovation, it has become necessary for these wallets to adapt and include more features too.

As a startup focused on creating solutions for users in the tech world, Stibits has built a wallet that solves some of the prevalent problems in the cryptocurrency space. With this, anybody can use cryptocurrency for a wide range of purposes without having prior knowledge or going through a learning curve. It presents an opportunity for people who do not know much about cryptocurrencies but wish to use them.

Operating out of New York, New York, USA, Stibits raised $1.8 million during its last funding round on April 2, 2022. The company has Brent Oxley as its investor, and since it began operating, it has presented itself as a much-needed solution for businesses and individuals. Its sole goal is to “democratize crypto,” and its numerous services point to that fact. Quick transactions, one-click crypto purchases, global payment, secure transactions, business integrations, and simple experiences are some of the benefits users can gain from using Stibits. 

Stibits’ core offerings include speed, a modern user interface, simplicity, easy integration with businesses, and the absence of complex addresses, allowing users to send cryptocurrency to other users. In addition, businesses looking to adopt cryptocurrency as a means of payment can do so with Stibits as it offers WPOS support, which enables them to integrate cryptocurrency into their POS systems. This way, users can easily make cryptocurrency their day-to-day currency and transact with it.

Not many cryptocurrency wallets offer a robust ecosystem like Stibits Wallet. It also gives NFT creators the platform to sell or trade their projects. Future plans include gamification to attract more users and get as many people to use the app.

Over the next few years, the vision for Stibits includes attracting more investors and funding to expand the ecosystem and offer more solutions. In addition, plans are underway to make the wallet the top choice for crypto buyers, sellers, NFT creators and businesses. “Simplicity is our biggest value offering, and we hope to communicate this with the world. We want to change how people buy, sell and exchange cryptocurrency, and with all the features we have implemented, the future is bright,” a spokesperson said.

Opinions expressed by Meta Digest contributors are their own.

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